THE 3 MOST IMPORTANT PILLARS OF ANY SUCCESSFUL BUSINESS.
Abigail O. Odelade-Joshua
Founders & Entrepreneurs hire me to build visibility, structure & generate organic leads for their businesses? Over 5,000 Investors trust me to double their wealth through real estate? Forbes Member ?Building ASE
The 3 Pillars Of Business Success
Before any business is ventured into, 3 important questions need to be answered.?
1. The "WHAT"
The WHAT question helps you to decide on the solution you are about to launch in the market.
??WHAT type of business do you want to venture into??
??WHAT industry do you have an interest in?
??What is the potential of that business doing exceptionally well?
??WHAT type of products/ services will you sell??
Many business owners are not decisive about what they truly want to achieve.?
Defining what you want sets a vestibule on which you begin to build your brand.
When you can't clearly define the "WHAT" of your business.?
Then you somehow become a master of nothing.
2. The "WHY"
This is your driving force and reason for choosing your line of business?
Why are you interested in the business?
The answer to your WHY will cover your vision statement which can be further broken down into your goals.?
This is why it is important to state why you chose the line of business.?
??If your interest in that business line was borne from passion, it becomes your obsession. You'll do everything possible to see It grow and excel, up to making inconvenient financial commitments for your business.?
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??If it was borne from natural interest, it becomes something you want to grow and establish yourself in
??If you just ventured into it for the sake of making a name or belonging to the clique of business owners, then the drive to build the business will be below average.?
Your WHY can make or mar your business growth and determine the type of results you'll produce.?
3. The "HOW"
Any successful business person must have a business-building and growth strategy in place.?
This is the question of your HOW.?
??Will you be operating online or onsite?
??Will you operate as a company or agency?
??Will you be collaborating with other brands to achieve your goals?
??What amount of investment will be required to execute your plans?
??How many people do you need on your team and with what expertise?
??Which Social Media Platforms are most suitable for your type of business??
Starting a business without figuring out your WHAT, WHY & HOW is like failing forward.?
If you'll need help creating a vision board which entails your WHAT, WHY & HOW for your business together with a research analyst with vast experience in Business Development to help you solve these puzzles, don't hesitate to write me at [email protected]
Till next time, stay safe!
. Mogadisho Somalia
1 年Hi,I like to build brand in my home, muqdisho ????